Bitcoin is considered to be the most common decentralized cryptocurrency by many. However, there are other altcoins besides bitcoin which also carry a great value. Are you keen to learn about other cryptocurrencies? Yeah, there’s not a single bitcoin. Here are some more.
- Litecoin (LTC) Learn more
Statistics show that Litecoin had a value of $87.56 per token as of July 2018. The coin was developed by Charlie Lee, a former Google employee and MIT alum. As with Bitcoin, no central authority regulates Litecoin. As evidence of the work, it uses “scrypt’.’ Like Bitcoin, Litecoin has a speedier pace of block generation. That implies it provides a faster confirmation of the transaction. Here is some info about what is ethereum?
The coin is based on a global payment network, which is open source. Commercials generally accept the coin, with the amount increasing every day. It had a market cap of $5.03 billion as of July 2018.
- Andereum (ETH)
This was launched in 2015. ETH is a software-decentralized platform. This allows for the creation and implementation of Distributed Apps and Smart Contracts without interruption, abuse, control or intervention by third parties. There is a component called ether which within the ethereum platform acts like a car. The most interested parties in ether are developers seeking to develop and run applications within ethereum and buyers aimed at buying certain digital currencies.
As of July 2018, interest per ethereum token was $474.66, and a market cap of $47.84. Ethereum is Bitcoin’s second most important crypto-currency.
- Zcash (CSE)
Like other altcoins, Zcash is a cryptocurrency of open source and decentralized nature. It was first launched in 2016. This cryptocurrency is well known for offering transaction privacy and partial openness. It’s a different feature from other altcoins, isn’t it?
ZEC claims to offer additional security where all transactions are recorded on a ledger and written. Finer information, though, include the sender and recipient, and the number is kept private. Statistics show that Zcash had a value of $206.23 per token as of July 2018. In that same month, it had a market cap of $904.85.
Originally called darkcoin. Dash is a bitcoin variant which is more hidden. Dash’s work makes purchases virtually untraceable. This is because it offers privacy since it operates on a decentralized network of mastercodes.
Dash was first introduced in January 2014. Since then, given the short period of time, it has experienced a rise in fan following. Evan Duffield developed the Cryptocurrency. It may be processed with a GPU or a CPU. Studies show Dash had a market cap of $2.19 billion in July 2018, and a valuation of $266.58 per token.